09/15/2016 – does anyone care that 1) DB is below the 2009 lows AND 2) it’s the largest holder of Derivatives (the financial time bombs) in the WORLD and 3) it’s the largest bank over in Europe which is tattering on financial collapste?
Nope, nobody really cares … TWTR, FB, TSLA, AMZN will save the world. If you look at the picture below, imagine WHAT HAPPENS IF DB implodes. See all those red arrows ….? Well, they will affect these banks.
GSIB – Global Systematic INTERCONNECTED banks.
06/02/2016 – Triangles – look SO GREAT after they complete. when your in the middle of one (reference daily/weekly EURO vs USD) you get chopped up and frustrated till you erase your chart and then the c-d-e legs appear. then it’s simply so hard to wait for “e” to complete but you have to …the move out of “e” is “usually” swift and strong … so, this triangle is so perfect in so many ways
- trend line definition
- the length of bc and cd are “usually” .618/.68179 (think music) of the proceeding wave
- none of the moves are showing any major momentum or thrust ….
CONCLUSION: very near a daily triangle completing and then another dump on DB. What the f&^% does this mean for the Euro-Zone and, well, let me just throw it out there .. the derivatives that DB is backing? People lot smarter than me probably know.
Stand by ….
Bart
Great article Bart. Very relevant and timely.
thanks dude! how are you? I’m going to be giving a talk to VAS’s group in a couple weeks